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20130209
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CSPAN
Feb 7, 2013 5:00pm EST
have a deficit. here's a project that gets substantial tax revenue without raising taxes through economic activity, through job creation. further and perhaps most importantly, it will help put our country within striking range of a long-sought goal -- true energy security. for the first time in generations, the united states with its friend and ally canada will have the capacity to produce more energy than we use, reducing or eliminating our reliance on the middle east and other volatile parts of the world. the argument has been advanced that the oil sands will increase carbon emissions and that failing to build the keystone x.l. will somehow reduce emissions. but let's look at that claim. that's the other piece. let's look at the environmental aspects of this project. today, more than 80% of all new recovery in the oil sands is being accomplished in situ, a technology that makes oil sands carbon footprint comparable to conventional drilling. in fact, the oil sands industry has reduced greenhouse gas emissions per barrel of oil produced by an average of 26% since 1990, with some
CSPAN
Feb 6, 2013 9:00am EST
direction to help make life work for families. another step we can take is on taxes. there's a lot of talk about taxes in washington right now. for most families, tax preparation is hard and it is time-consuming. this time of year especially. think about it, think what they're going through. what tax from are you supposed to fill out, is a more beneficial to file jointly or as a married couple or separately? is a truck or gas mileage deductible or are you forgetting something that the irs gives credit for? in 1935, the form 1040 was a concrete but a to instruction booklet. today, taxpayers have got to wade through over 100 total pages of instructions. just filling out at w-4 at a new job is confusing. you really shouldn't need a worksheet to see how many dependents you have. chairman dave camp and his committee are already underway in their effort to responsibly rewrite the nation's tax law. as in education policy, health care and all else, tax reform should reflect the priority of working families, and the future their time to shape for the kids. if nothing else, we must stop putting spec
CSPAN
Feb 6, 2013 12:00pm EST
perceptions of the sales tax or consumption taxes it will be easy to a minister. there is a role for the tax collector, and if you look at any state law you will see the car phone of exemptions, and they are as complex as some of those tax preferences we have in our code. discipline will be required on a consumption tax just as it would for an income-tax. ♪ a little bit. and that is the nature of accounting systems and how they influenced the development of tax policy. if i go all the way back to the history of conversion from a tariff to an income tax, what really makes this possible is the growth of the modern corporation or the modern business because they develop the accounting system, keep track of who has wages and for them to operate efficiently and need to keep track of it. that is the financial accounting that acquires them to keep track of income, and the government that is able to latch on to these accounting systems and really rely upon them to enforce code. in truth it is the large business, large charity, larger organization that is the main instrument for impleme
CSPAN
Feb 5, 2013 12:00pm EST
is expected to ask congress to agree to a package of short term spending cuts and tax reforms off the pending sequester cuts. he will come to the cameras at 1:15 eastern. you will see that online at c-span.org. more talk about the budget a little bit later today as the head of the congressional budget office, douglas elmendorf will talk about the release of the annual budget and economic outlook. that will be live from cbo headquarters at 2:00 p.m. eastern. we'll have it here on c-span2. also congressman patrick meehan and other house democrats will brief reporters on legislation to combat gun trafficking. that will be live at 2:00 p.m. eastern on our companion network, c-span3. >> the single thing that coolidge did that we want to remember, when he left office, the budget was lower than when he came in. that's the story for us now in a period where we're concerned, well, how did he do that? the economy grew a lot. maybe more than 3% sometimes. unemployment was below 5% the budget was balanced due to his own parsimony. how did i manage to make the budget go lower? how did that help the econom
CSPAN
Feb 8, 2013 9:00am EST
hold us back on and in the senate a day later. but what do they do? they raised taxes, didn't cut spending, and essentially postponed some of the other issues, like the debt ceiling, which was going to come up very quickly in the new year, and now has been postponed to may 19. we also have a sequestration but was postponed for two months and that's coming back at the end of february. and if that wasn't enough we have a c.r., since we don't pass budgeting now, we governed by c.r. we have a continuing resolution debate and vote coming up on or before the 27th of march. so what we have done is we've spread these crises out over the course of the whole first half of the year and that's going to be difficult for the economy to manipulate, because as we start istartto see fundamental improvt elsewhere, we will see continued refocusing on the inability of our government to come to terms with its spending, it's taxes, and its debt and deficit. and that will continually, i believe, while markets and call into question some of the more optimistioptimisti c factors that we are seeing. i'd li
CSPAN
Feb 1, 2013 5:00pm EST
for their financial well-being. current discussions about tax reform would lead us to expect the policy makers would use the process for the opportunity to strengthen their retirement system and improve its effectiveness. we believe that much can be accomplished by strengthening and building on our existing retirement programs such as social security, employer sponsored plans, financially innovative products incentives for longer work and increased financial education and planning there is new research showing american workers are not saving enough. even at research institutes retirement security projection model for 2012 shows 44% of baby boomers and generation x won't have enough retirement income to cover basic retirement expenses and uninsured health costs. the shortfall the average savings deficit for a single female is little over $133,000. that's the additional amount a single female would on average need to save by age 65 to eliminate the shortfall. the recent economic crisis has made it even more difficult. the low contribution rates and the lack of understanding of the need for the compreh
CSPAN
Feb 4, 2013 12:00pm EST
create thousands of jobs across the state. and we can do it without raising taxes. [applause] so please, let's stand together and let's stand together with the over 2500 construction workers. we want to put to work building world class schools across the state for our world class workforce and while we're at it, let's make sure those 2500 plus construction workers newly employed by the jobs bill, are our friends and our neighbors. right now we have a law on the book that is supposed to require that at least half of the workers on any construction project funded by state or local taxpayer dollars be montana residents but it is riddled with loopholes and it is not enforceable. when taxpayer money is funding a project, let's put montana companies and montana workers first. [applause] again, together we can work together to close these loopholes, expand the requirement to all projects too, not just construction. and let's also significantly increase the proportion of montana workers required on any state or locally-funded project. i hope you'll join representative amanda curtis and i to pas
CSPAN
Feb 6, 2013 5:00pm EST
their families and contributing to it is always the question of raising taxes. they pay taxes but you can check with the social security department. there is a large fund that goes i counted four. they don't know who to attribute the money to because people have contributed to i think we need to do comprehensive immigration reform so when they pay taxes it goes into the right account and it helps to fund and fuel our economy. i want the mayor and the state and the federal government to garner those tax dollars and not to be in the pockets of some unscrupulous employer that isn't taxing them but not sending them money. plus given the 1986 legislation, we all know that there was an increase in the urning devotee of the undocumented. everybody keeps talking about innovation. let me give you a little innovation. whiteaker that the uncertainty of the market and what we do at the congress. the uncertainty about what we do and what that causes for the financial market . i just want everybody to think for one moment. what do you think about the uncertainty in the life of 11 million undocumented workers
CSPAN
Feb 8, 2013 5:00pm EST
they are not offering to pay back the tax payers. and so it is an important point to say the companies have got to understand the situation. they cannot be paid as if they are standing on their own 2 feet, and i to be part of the problem is that a lot of these companies want there to be no public memory of the bailout. they want people to say yes that happens but now it's over and we've moved on and everything is well that everything is not well in america. we are still recovering slowly and we are still covering these companies and still continuing to put them on our shoulder and so it is not business as usual. >> host: ms. romero, you mentioned to fold, the treasury is signing off on the executive pay which sigtarp has called excessive and also the responsibility of the companies. why should the company's not ask for more money? why should they ask for less? to play the devil's advocate the ask, the treasury denies. >> guest: at some point they have to take responsibility and realize they came to the government and said they loved bacon so if you come to the government you need to appreciate
CSPAN
Feb 7, 2013 9:00am EST
to reduce our deficit, what kind of tax plans we're going to have, how we are going to make sure that every child is getting a great education, the doctor, it is very encouraging to me that you turned out so well by your mom not letting you watch tv. i'm going to tell my daughters that. [laughter] in the midst of all these debates, we must keep that same humility that dr. king and lincoln them washington and all our great leaders understood is at the core of true leadership. in a democracy is as big and as diverse as ours, we will encounter every opinion. and our task as citizens, whether we are leaders in government or business, or spreading the word, to spend our days with open hearts and open minds, to seek out the truth that exists in an opposing view, and to find the common ground that allows for us as a nation, as a people, to take real and meaningful action. and we have to do that humbly, for no one can know the full and encompassing mind of god. and we have to do it everyday, not just at the prayer breakfast. i have to say, this is now our fifth prayer breakfast, and it is always ju
CSPAN
Feb 1, 2013 9:00am EST
and state tax and budget issues. he's also testified to congress on fiscal issues many times and articles on tax and budget was have appeared in the "washington post," "the wall street journal" and other major newspapers. is the author and co-author of articles. last but not least we have alex nowrasteh. he is at the center for prosperity. writer that he was the immigration policy analyst at the competitive enterprise institute. his work has appeared in "the wall street journal" and "boston globe," "huffington post." he's also appeared on fox news and bloomberg and numerous other television and rail stations. with that i will turn the podium over to david. >> thank you, laura, and thanks for all of you for being here. it's good to have you. my colleagues going to talk about specific policy issues in the areas of expertise but i'm going to try to open things here with some more general philosophical, political discussion. a lot of people believe politics is just a struggle for power, and certainly if you look at the elections, if you look at the way congress is operating these days, and, i
CSPAN
Feb 4, 2013 5:00pm EST
's a great generator for deficit. there's a lot of talk of taxes and so forth. that is a job in the pocket if you look at the real driver of our deficit and debt of unfunded liabilities are entitlement programs. to say the things we have to reform. the only party that's meeting after has been the republican party. your highness pasty pledges to do with medicare's. the senate democrats haven't passed a budget in four years. >> host: what does it say that ronald reagan is the point of reference in the party? >> guest: it shows that a huge monumental figure he was. not just what he did in the world, but to the republican party. he fundamentally reshaped the republican party in lots and lots of ways and this time has gone on, he's grown in the imagination of the republican party and he should. he was one of the great presidents of the 20th century. there's a lot to learn both in terms of principle stands in terms of countenance and tone, the way he carried himself. he was a man of extraordinary grace and dignity. he was really by his opponents and never returned in kind. it is a very admirable
CSPAN
Feb 5, 2013 5:00pm EST
the westerners operating in the region, and if you start seeing the tax like the one that we saw in algeria, that is when to cause some impact economically you are going to see that. the other thing is there is -- i will use france as an example from the four ret base you have 10% of the french population is of some percentage in north africa whether it is first, second, third, fourth generation. you have individuals from within these groups that are sympathetic to the cause or the islamist cause in the region. if you keep this unchecked what you have is a migration flow of the attacks in europe. people with dual citizenship is, whether they are carrying a french passport or whatever passport. so you know, you've got to look at this in a holistic way. also, if we continue to allow this black market to fester, that's going to continue. a good chunk of cocaine going into europe is coming through the plains and keeps growing and growing. so there are multiple factors we can go on and on but we have to look at this holistically. the other thing is i always used the balloon theories. we've done
CSPAN
Feb 5, 2013 9:00am EST
of her business. we do tax returns were living and we liked tax advisor services your and so in our business, we are not a products company your car business is people, people with knowledge, ideas, innovation, helping clients solve their most challenging management and technology problem. from around the world. with people who have industry expertise that we deploy in every time and quick manner. and time and speed is everything. so within our broad workforce, our larger u.s. workforce, you know, we complement our u.s. workforce with foreign workers. and mobility is very important, so we hire people from college campuses on -- we also use immigrant visas as well and green card. for people on h-1bs, or people, citizens working with deloitte. and then we also use, we look at people who have expertise and specialized knowledge from around the world that we can bring into the united states. so we leverage other -- but it really is a matter of leveraging those to ensure that our clients receive the most timely modern and technology process so they can innovate as best as they can. you k
CSPAN
Feb 7, 2013 12:00pm EST
or domestically assaulted her, he was never prosecuted because it taxes place on a reservation. this epidemic is so great that now these people involved in sex trafficking, in drug trafficking are targeting rest -- reservations and these women because they know they won't get prosecuted, they know this. so we are allowing an untolerable situation to grow in great extremes simply because we aren't working together with a tool. i get that many of my colleagues may not understand the history of tribal law and the history of our country in securing a relationship with tribes and the treaties that we signed. again, as i said before, this is a relationship that we have preserved for the federal government and the federal government is saying this is how we can best solve these crimes by getting the help and support of tribal jurisdictions. i want to say to my colleagues on the other side of the aisle, because i have heard some of them say that somehow this violates the civil liberties of non-native americans if these crimes happen in indian country, nothing could be farther from the truth. first of
CSPAN
Feb 1, 2013 12:00pm EST
,000 before you get an increase in taxes. it doesn't make sense. medicare isn't a cheap program and we all forget this when you going to medicare you pay two sets of premiums if you are a couple and of the medigap coverage and part d coverage to read your monthly expenses escalate dramatically at a time when you have probably fixed income and less opportunity to increase that income in the future. so i think that we have to be very careful when we look at the beneficiary impact of changes and we need to really understand what we are talking about and what is going to impact people. the cost sharing in the core is very high so to increase his cost some people is a difficult thing to do. it plays into what they're raising the age goes together so why worry if we look at them in isolation you can miss some of the problems that happen. >> i can't help but draw the parallel to the commercial side where we have had for years efforts to try to get health care spending under control by dealing with the benefit side, inventing new benefit structures in the high deductible plans and other things the
CSPAN
Feb 8, 2013 12:00pm EST
, but there it is energy or immigration or tax reform, actually get the work of the people done but let's also focus on tackling the trust gap and infusing a little bit more believe ability into the system. >> who may be out there trying to stop our work? who may be out there trying to stop the work and what do we do? >> i was going to say this, put yourself in my position. i come in as a brand new freshman from being a governor from the great state of west virginia. i come into the 112, chris which is the least performing in the history of our country. insects have a higher rating than we do. you can imagine my frustration. we are going to change. who is out there shooting at us? the have probably seen a lot of different organizations, to change the world we are going to do this and that and they start taking policy positions and trying to become a party that is in our goal. it's to make this thing work and that makes congress work. if congress works, this government will work and this country it will work and we all work. that is what we are trying to get. your movement is basically -- i'm not try
CSPAN
Feb 4, 2013 8:30am EST
will be outlawed, and there will be tax credits for most of the people who are newly eligible so that working families can save money on their coverage right away. now, we have a website up and running, healthcare.gov, which has up-to-date information about what's coming and what you think about. we are beginning to collect names so they can send people updates. but it is a strategy that is going to take a lot of outreach and effort. everyone can play a role in educating americans about the new coverage options that are coming. if you're a health care provider, you can start talking to your patients. if you here as a state or local official, you can share information with people who seek out government services are if you're one of the policy analyst in this room, you can help identify better ways to locate uninsured, and move them and motivate them to purchase coverage. and if you're a researcher, you can help make sure that once people get coverage, they get the care they need. especially critical preventive services. so many of us in this room have been arguing for decades that making heal
Search Results 0 to 17 of about 18